Homeownership rates differ widely across European countries. We document that part of this variation is driven by … homeownership rates per household, homeownership rates per individual are very similar during the first part of the life cycle. To …

simulation suggests that the amortization scheme known as SAC for the mortgage system is a better choice in nearly two-thirds of … should acknowledge this level of uncertainty by including explicit mortgage renegotiations within shorter periods. …

We quantify the housing-consumption channel in mortgage demand according to which households borrow more following … a structural approach to mortgage demand and supply, exploiting exogenous variation in house-price growth and a unique … dataset with matched transactionprice and mortgage information. We estimate an elasticity of mortgage borrowing to house …

and homeownership. Using an instrumental variable strategy, we find a substantial positive impact of language skills on …

separate trends: a sharp fall in the asset acquisition of American households in the 1990s, and an explosion of mortgage … that the American credit boom of the 2000s had few direct links to reserve accumulation in emerging markets. The mortgage …

decisively on prevailing loan-to-value (LTV) ratios in mortgage markets with borrowing constrained households. Utilizing a smooth … housing sector in times of high LTV ratios, which, through changes in mortgage lending and mortgage equity withdrawals (MEWs …